{"id":71261,"date":"2026-07-15T14:41:00","date_gmt":"2026-07-15T10:41:00","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=71261"},"modified":"2026-07-15T14:41:00","modified_gmt":"2026-07-15T10:41:00","slug":"commercial-bank-of-dubai-cbd-launches-up-by-cbd-a-new-mobile-bank-redefining-banking-for-micro-and-small-businesses","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/commercial-bank-of-dubai-cbd-launches-up-by-cbd-a-new-mobile-bank-redefining-banking-for-micro-and-small-businesses\/","title":{"rendered":"Commercial Bank Of Dubai (CBD) Launches \u201cUP By CBD,\u201d A New Mobile Bank Redefining Banking For Micro And Small Businesses"},"content":{"rendered":"<p>CBD today\u00a0announced the launch of\u00a0<a href=\"https:\/\/cbd.ae\/up\"><u>UP by CBD<\/u><\/a>, a\u00a0mobile bank designed to\u00a0help\u00a0micro\u00a0and small businesses\u00a0set up their bank account and manage their finances.<\/p>\n<p>UP by CBD combines fast mobile account opening with instant access to credit, payroll solutions, transfers, and savings &#8211; all within a single mobile app.<\/p>\n<p>Collaborating with ecosystem partners, including the Dubai Department of Economy and Tourism (DET) the platform integrates directly with the Dubai Unified Licence (DUL) to streamline the transition from business registration to banking activation, further accelerating Dubai\u2019s position as a leading global hub for business and investment, aligned with the Dubai Economic Agenda, D33.<\/p>\n<p><strong><b>Bridging the gap between licensing and operation<\/b><\/strong><\/p>\n<p>Startup activity continues to expand rapidly across the <a href=\"https:\/\/www.uaetoday.com\/\" target=\"_blank\" rel=\"noopener\">UAE<\/a>, with thousands of new businesses entering the market each year. UP\u00a0by CBD supports this momentum\u00a0by removing onboarding friction for small business owners in the UAE, providing faster access to financial infrastructure and the platform required to grow from their first day of business.<\/p>\n<p><strong><b>A unified financial system for\u00a0small businesses\u00a0<\/b><\/strong><\/p>\n<ul>\n<li><b><\/b><strong><b>Fast and easy mobile onboarding<\/b><\/strong>\u2013 Apply in minutes through digital verification and direct integration with the Dubai Unified Licence (DUL) and other trade licence authorities, UP by CBD simplifies onboarding, allowing businesses to get fast access to banking like never before.<\/li>\n<li><b><\/b><strong><b>Day one growth<\/b><\/strong>&#8211; Businesses are eligible for instant business credit card designed to support early-stage cash flow needs, helping business owners fund initial operations, manage expenses and support growth from the moment their business is licensed.<\/li>\n<li><b><\/b><strong><b>Zero balance account<\/b><\/strong>\u2013 Built for early-stage and growing businesses, UP by CBD offers a zero balance account with flexible subscription plans, removing minimum balance barriers and giving business owners the freedom to manage cash flow and scale with confidence.<\/li>\n<\/ul>\n<p><strong><b>Dr. Bernd van Linder, Chief Executive Officer of\u00a0CBD, said,\u00a0<\/b><\/strong>\u201cUP by CBD signals our long-term commitment to supporting business\u00a0owners\u00a0at every stage of their journey, helping them move more quickly from business setup to operation while contributing to the continued growth of Dubai\u2019s entrepreneurial ecosystem. Our partnership with the Dubai Department of Economy and Tourism reflects a shared commitment to strengthening the foundations of Dubai\u2019s micro and small business economy, in line with the ambitions of the Dubai Economic Agenda, D33.\u201d<\/p>\n<p><strong><b>Dhiraj Kunwar, General Manager of Retail &amp; Business Banking, added,\u00a0<\/b><\/strong>\u201cWe built UP by CBD around the realities of starting and running a small business. Business owners need to get their business up and running, access funding when they need it, and manage their finances with ease. By integrating directly with the Dubai Unified Licence (DUL) and combining fast onboarding with instant access to a business credit card, we are helping entrepreneurs move seamlessly from business setup to operation, allowing them to focus on what matters most,\u00a0growing their business from day one.\u201d<\/p>\n<p><strong><b>Combining digital innovation with ecosystem support <\/b><\/strong><\/p>\n<p>UP by CBD provides businesses with the agility of a mobile bank while operating within CBD\u2019s established regulatory, risk, and governance frameworks. Entrepreneurs gain modern mobile bank with the strength of CBD, with over 50 years of experience supporting businesses in the UAE.<\/p>\n<p>CBD\u2019s collaboration with DET also connects entrepreneurs to broader ecosystem support through initiatives such as Dubai Founders HQ and \u2018SME in a Box\u2019. This partnership provides access to programmes, networks, and resources aimed at helping businesses scale and succeed in Dubai\u2019s competitive market.<\/p>\n<p>The launch of UP by CBD reflects a broader commitment to micro and small businesses, reducing time to operation, and supporting long-term business growth across Dubai.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBD today\u00a0announced the launch of\u00a0UP by CBD, a\u00a0mobile bank designed to\u00a0help\u00a0micro\u00a0and small businesses\u00a0set up their bank account and manage their finances. UP by CBD combines fast mobile account opening with instant access to credit, payroll solutions, transfers, and savings &#8211; all within a single mobile app. Collaborating with ecosystem partners, including the Dubai Department of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71262,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-71261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","animate-on-scroll"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/71261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=71261"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/71261\/revisions"}],"predecessor-version":[{"id":71263,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/71261\/revisions\/71263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/71262"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=71261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=71261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=71261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}